BCREA: housing market getting stronger
Posted on Nov 19, 2025
The latest news from the B.C. Real Estate Association is about the “housing market activity strengthening into the closing months of 2025.”
This requires a little context, of course. It’s based on the graph that shows sales in all parts of the province are going in the right direction.
It’s also based on the fact that while sales increases are occur...
Bank of Canada rate lowered another .25 per cent
Posted on Nov 19, 2025
"For many months, we have been stressing that monetary policy cannot undo the damage caused by tariffs. Increased trade friction with the United States means our economy will work less efficiently, with higher costs and less income. Monetary policy can help the economy adjust as long as inflation is well-controlled, but it cannot restore the econom...
Online poll in favour of current housing strategies
Posted on Nov 19, 2025
When it comes to housing strategy, the majority of British Columbians are in favour of the decade-long measures of the Provincial Government, according to a story in Business In Vancouver.
The online survey conducted from October 13 to October 15, among 802 adults in the province demonstrated support for:
• increasing the foreign buyers tax from 15 p...
Interest-rate change and its effect on real estate market
Posted on Sep 17, 2025
The Bank of Canada's anticipated cautious approach in lowering the interest rate by 25 basis points (0.25 per cent) could have a positive and possibly decisive effect on real estate. Firstly, it makes it possible for more buyers to enter the market by qualifying for a mortgage. Secondly, it could make variable-rate mortgages and mortgage renewals e...
Two countries, two interest-rate cuts anticipated
Posted on Sep 16, 2025
The latest interest-rate announcements from Canada and the United States has, as always, generated speculation about whether there will be a rate cut on the table in both countries. The consensus seems to be there will be — on Wednesday, September 17 — and in both cases the most popular figure is .25 per cent.
The current Bank of Canada policy rate...
Home insurance for first-time buyers
Posted on Sep 08, 2025
As the buyers’ market continues, it’s logical that creates more opportunity for buyers to invest in homes for the first time in their lives. As with almost all “firsts” there can be some surprises.
Home insurance can be one of them.
Whether the first-time buyer goes shopping for a policy or enlist the services of an insurance broker, they’ll need to...